01/08/2012

New year, new hope, old problems - Coutts & Co

As we embark on the year ahead, there are a number of hurdles still to overcome. Most notable is the euro-zone debt crisis which, though off the front page for the time being, remains largely unresolved. However, with economic data in the US and emergin

01/06/2012

Banks brace for backlash as bonus season arrives

But announcements of more than 125,000 job cuts last year mean bankers will find it harder to use their traditional excuse that they need to pay out big bonuses to retain top talent.

01/04/2012

Ariel launches first international fund

Based in New York, Bhansali joined Ariel last October as chief investment officer of international equities. She reports to Ariel founder and Chief Executive John Rogers.

01/04/2012

A Fresh Look at Risk and How It Matters to Advisors, Clients

Even if policy makers in Europe solve the debt crisis swiftly and their U.S. counterparts come to agreement on how to handle this country's own debt woes, Wall Street expects markets will continue to gyrate unpredictably. After the last few years, ma

01/03/2012

Tax Gift To The Rich

The average tax rate for the 400 wealthiest Americans was 29.3 percent in 1993, but dropped to 18.1 percent in 2008, according to the latest IRS statistics.

01/03/2012

Wealth gap evident on Capitol Hill Another pension perk

We don't begrudge anyone money he has worked for, but there is evidence some members of Congress have used their position for personal gain. There have been recent disclosures of use of inside information to trade on Wall Street - a practice that, in

12/28/2011

Guggenheim Partners seals Madison Avenue deal

Guggenheim Partners, an investment firm that grew from administering the vast private wealth of the Guggenheim family in the early 1900s to a multifaceted financial firm, has signed a large lease at 330 Madison Avenue for its New York headquarters, source

12/28/2011

Merrill Lynch explains reasons for blacklisting Nigerian clients

The bank which services its clients with a personal wealth profile of at least $250,000 of investible assets, will now service the embattled Nigerian clients through its Global Banking and Markets (GBAM) business, from its London , New York and Johannesbu